ZIP 32829 - 860Z200US32829 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 32829, located in the Orlando area of Florida, this demographic and housing snapshot offers a clear picture of the community as of 2023. With a population of over 20,000 and a diverse cultural makeup, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s dive into the key metrics—population, income, housing costs, and more—to help you make informed decisions about this vibrant ZIP code.

Population & Households

ZIP 32829 is home to 20,123 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 6,567 households, indicating an average household size of roughly 3 people. This balance of population density suggests a neighborhood that’s lively yet not overcrowded, appealing to families and individuals seeking a comfortable living environment. Additionally, with 7,432 total housing units in the area, there’s a mix of occupied and available properties that could interest potential buyers or investors looking for opportunities in this region.

Income & Housing Costs

The median household income in ZIP 32829 stands at $94,138, reflecting a solid economic foundation for many residents. This income level positions the area as a place where families and professionals can thrive, with disposable income to support local businesses and services. On the housing front, the median home value is $348,800, which aligns with the income levels and suggests a market that’s accessible for middle- to upper-middle-class buyers. For renters, the median rent is $1,858 per month, indicating a competitive rental market that could appeal to investors seeking steady returns. These figures provide a benchmark for understanding affordability and investment potential in this ZIP code.

Race & Ethnicity

ZIP 32829 boasts a richly diverse community, with a racial and ethnic composition that reflects a multicultural environment. The largest demographic group is Hispanic, making up 63.08% of the population, followed by White residents at 20.79%. Asian residents account for 7.57%, and Black residents comprise 5.08%. This diversity creates a culturally vibrant area, offering unique opportunities for businesses catering to varied tastes and traditions, as well as fostering an inclusive atmosphere for families and individuals from different backgrounds.

Key Facts

• Total population: 20,123 residents in ZIP 32829 as of 2023.
• Total households: 6,567, with an average household size of about 3 people.
• Total housing units: 7,432, including both occupied and vacant properties.
• Median household income: $94,138, indicating a strong local economy.
• Median home value: $348,800, reflecting a stable housing market.
• Median rent: $1,858 per month, suggesting a robust rental demand.
• Dominant ethnicity: Hispanic at 63.08%, contributing to a diverse community.

What This Means for You

For homebuyers, ZIP 32829 offers a promising mix of affordability and quality of life. With a median home value of $348,800 and a median income of $94,138, purchasing a home here could be within reach for many professionals and families, especially those drawn to a diverse and welcoming community. The household size and population density also suggest a family-friendly environment with room to grow.

For investors and real estate agents, the data points to potential in both the purchase and rental markets. The median rent of $1,858 indicates strong demand for rental properties, while the number of housing units (7,432) compared to households (6,567) hints at available inventory for flips or long-term holds. This ZIP code could be a smart addition to your portfolio if you’re targeting middle-income renters or buyers.

For small-business owners, the diverse population and solid median income create fertile ground for businesses that cater to varied cultural needs or family-oriented services. Whether you’re opening a restaurant, retail shop, or professional service, the demographic makeup of ZIP 32829—especially its large Hispanic community—offers a chance to build a loyal customer base.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 32829? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing metrics tailored to your needs.
• Use the insights to make informed decisions for your next home purchase, investment, or business venture.